Sun, Aug 20, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Other Voices – Making sense of insensibility

Monday, October 11, 2010

This is an executive summary of a paper authored last year by Thomas Kuntz, CEO of New Jersey-based firm called Polymetis LLC, which offers due diligence, investment research, strategic consulting, and advisory services to sophisticated investors. It discusses decision making strategies in investment management within a tactical framework derived from a process called "situational awareness," largely borrowed from its origins in military applications.

In the 1972 film The Candidate, Robert Redford plays Bill McKay, a young idealistic attorney who is recruited to run for the United States (US) Senate against a popular incumbent. At the climax of the movie, after securing a close and wholly unexpected victory, the confused and surprised protagonist is left to ask his campaign manager, “What do we do now?”

Indeed, that is the precise question investors around the globe are pondering in the face of turbulent and uncertain economic and market conditions. Let us call it the McKay Question.

This is especially relevant for investors in alternative investments like hedge funds. Although the results of alternatives over the past few years have largely underperformed relative to investor expectations and sales and marketing pitches, interest in these investments has never been higher. So, how should investors in alternative investments approach the McKay Question?

......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Albright Capital puts a value lens on emerging markets[more]

    Bailey McCann, Opalesque New York: Over the past decade, investors have steadily increased investments in emerging markets private funds. Allocations to the cohort have increased from $93 billion in December 2006 to $564 billion in September 2016, according to data from research firm Preqin. Howe

  2. Comment: "Long-Term Investing": What managing drawdown risk can do to your long-term returns[more]

    Matthias Knab, Opalesque: Real Investment Advice writes on Harvest Exchange: Last week, I was having lunch with a prospective portfolio management client discussing the curre

  3. Jasper Capital International joins Hedge Fund Standards Board[more]

    Komfie Manalo, Opalesque Asia: Diversified and systematic investment firm Jasper Capital International has become the second China-based signatory to the Hedge Fund Standards Board (HFSB), an organization that brings hedge fund managers and investors together to set standards for the hedge fund i

  4. Investing - Hedge-fund honchos including David Tepper are loading up on Alibaba, Billionaire hedge fund manager Stanley Druckenmiller is betting big on the Chinese consumer, Big-name U.S. hedge funds shed healthcare stocks during the rally in second-quarter, U.S. hedge funds bearish on FAANG stocks in second-quarter, Hedge fund titan Viking Global made a $680 million bet on scandal-plagued Wells Fargo[more]

    Hedge-fund honchos including David Tepper are loading up on Alibaba From CNBC.com: David Tepper's Appaloosa Management and three other he ge funds took new stakes in Chinese e-commerce giant Alibaba in the second quarter, according to the latest quarterly filings. Appaloosa disclos

  5. FinTech - Danger: Crowdfunding on the wrong platform could force you to go public[more]

    From LinkedIn.com: Some equity crowdfunding platforms are putting startups at serious risk. Working with a platform that doesn't structure your deal appropriately could jeopardize your ability to raise future capital or worse, force you to become a public reporting company. The emergence of eq